Global Automotive Paints and Coatings Market - Segmented by Type of Resin, Technology, Layer, and Geography - Growth, Trends and Forecasts (2016 - 2021)
|発行||Mordor Intelligence LLP||商品コード||568570|
|出版日||ページ情報||英文 120 Pages
|自動車用塗料・塗装の世界市場：成長率・動向・予測 Global Automotive Paints and Coatings Market - Segmented by Type of Resin, Technology, Layer, and Geography - Growth, Trends and Forecasts (2016 - 2021)|
|出版日: 2017年08月01日||ページ情報: 英文 120 Pages||
The global automotive paints and coatings market has been estimated at USD 18.57 billion in 2016 and is projected to reach USD XX billion by 2022, at a CAGR of 5.5% during the forecast period, 2017 to 2022.
Automotive paints and coatings are used as a layer to protect the substrate from environmental damage while providing it with color and glossiness to increase the beauty of the substrate.
The increasing demand for metallic coating, shifting consumer preferences towards the vehicle color and weight, improved technological changes; coupled with the growth of the automotive industry are expected to drive the growth of the automotive paints and coatings industry, globally. However, the market faces certain drawbacks, such as the volatility of raw material prices, and the increasing government regulations regarding environmental issues and energy cost. These factors may act as roadblocks to the growth of the market.
The global automotive paints and coatings market has been segmented, by technology, into solvent-borne, water-borne, and powder technologies. In 2015, the global share of solvent-borne coatings was the highest at 68.2%. However, with strict regulations on the VOC emissions, both consumers and producers are shifting their preferences towards water-borne and powder technology. The automotive paints and coatings market is also broadly segmented by layer into E-coat, primer, base coat, and clear coat.
The market is further segregated by resin type into polyurethane, epoxy, acrylic, and other types of resin. In 2015, polyurethane coatings captured the majority of the market, accounting for XX% of the total market share.
The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. Asia-Pacific has the highest market share, both, in terms of value and volume, and accounted for more than 48% of the global market share.
Opportunities and Major Players
The increasing adoption of automotive paints and coatings, due to their accelerating growth in the automotive and construction markets across the world, will offer numerous opportunities for the growth of the global automotive paints and coatings market. Globally, there are around XX suppliers competing in the sector with the top 10 suppliers accounting for almost XX% of the overall market.
Some of the major companies dominating this market for its products, services, and continuous product development, include:
Kansai Paint Co., Ltd.
Nippon Paint Holdings Co., Ltd.
The Valspar Corp.
Key Deliverables in the Study
Market analysis for the global automotive paints and coatings market, with region-specific assessments and competition analysis on a global and regional scale.
Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global automotive paints and coatings market on both, global and regional scales.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
Insights on the major countries/regions where this industry is growing and identify the regions that are still untapped.